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‘Very strange, very sad’: Paraguay bank collapse fells a presidency and leaves millions broke

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Santiago Peña’s links to Ueno Bank scrutinized after crisis led to his house arrest and froze millions of bank accounts Pedro Volpe had just woken up last Tuesday when he saw a message from a friend asking whether his bank account was down, too. It was a day after payday, and Volpe, 50, a writer and lawyer, opened his banking app and panicked: he could not even see his balance.

Read the original report at The Guardian.

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1 source from 1 organisation: 1 newspaper or magazine.

  1. 1The GuardianThe Guardian · theguardian.comNewspaper or magazine

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-11-08. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.

Researched and drafted with AI tools from these sources, then checked against them paragraph by paragraph before publication. How we work · Everyone we cite · Report an error

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